Required information [The following information applies to the questions displayed below.) Chavez Company most recently reconciled its bank statement and book balances of cash on August 31 and it reported two checks outstanding Number 5888 for $1,042 and Number 5893 for $487. Check Number 5893 was still outstanding as of September 30. The following information is available for its September 30 reconciliation Date Description Withdrawals Deposits Balance September 1 $ 19,000 September 3 Check #5888 $ 1,042 $ 17,958 September 4 Check #5902 $ 799 $ 17, 159 September 5 Cash deposit $ 1,175 $ 18,334 September 7 Check #5901 $ 1,855 $ 16,479 September 12 Cash deposit $ 2,284 $ 18,763 September 17 NSF check $ 649 $ 18,114 September 20 Check #5905 $ 987 $ 17,127 September 21 Cash deposit $ 4,195 $ 21,322 September 22 Check #5903 $364 $ 20,958 September 22 Check #5994 $ 2,109 $ 18,849 September 25 Cash deposit $ 2,386 $ 21, 235 September 28 Check #5907 $ 225 $ 21,010 September 29 Check #5909 $ 1,864 $ 19,146 September 30 Collected note $ 1,640 $ 20,786 September 30 Interest earned $ 20 $ 20,806 From Chavez Company's Accounting Records Cash Receipts Deposited Cash Debit September 5 1,175 September 12 2,284 September 21 4,195 September 25 2,386 September 30 1,739 11,779 Date Cash Payments Check Number Cash Credit 5901 1,855 5902 799 From Chavez Company's Accounting Records Cash Receipts Deposited Date Cash Debit September 5 1,175 September 12 2,284 September 21 4,195 September 25 2,386 September 30 1,739 11,779 Cash Payments Check Number Cash Credit 5901 1,855 5902 799 5903 364 5984 2,070 5905 987 5906 1,034 5907 225 5908 368 5909 1,864 9,566 PR Debit Cash Date Explanation August 31 Balance September 30 Total receipts September 30 Total payments Account Number 101 Credit Balance 17,471 29, 250 9,566 19,684 R12 D23 11,779 Additional Information (a) Check Number 5904 is correctly drawn for $2,109 to pay for computer equipment, however, the recordkeeper misread the amount and entered it in the accounting records with a debit to Computer Equipment and a credit to Cash of $2,070 (b) The NSF check shown in the statement was originally received from a customer, S. Nilson, in payment of her account Its return has not yet been recorded by the company. (c) The collection of the note on September 30 is not yet recorded by the company. Required: 1. Prepare the September 30 bank reconciliation for this company. CHAVEZ COMPANY Bank Reconciliation September 30 Book balance Bank statement balance Add: Add: Deduct: Deduct: Adjusted bank balance Adjusted book balance